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Daily Flash | Asia | 16 March 2012: India’s Union Budget announced; PBoC reports strengthening capital inflows, tight credit

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Published on Thursday, March 15, 2012

Daily Flash | Asia | 16 March 2012: India’s Union Budget announced; PBoC reports strengthening capital inflows, tight credit

The highlight in Asia today was the announcement of Indiaâ€™s Budget for the next fiscal year. The government is aiming to trim the deficit to 5.1%, in line with our estimates.